The aim of this study is to discuss the resurgence of the Brazilian defense industry in the last decade. It analyzes the recent historical trend and the prospects created for its companies from the resumption of government policies towards the defense sector, as well as the challenges posed to...

The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger evaluations. Up to now, very little is known empirically about how mergers affect entry and exit, and the resulting number of firms in the markets. We empirically test this aspect of...

Under Section 629 of the Communications Act, Congress directed the FCC to adopt regulations to promote a retail market for set-top boxes. The Commission's first attempt was the ill-fated CableCard experiment, which - by the Commission's own admission - was a dismal failure. In response, the...

Automotive investment projects across borders have significantly intensified in recent years, as companies have attempted to cut costs via relocation of production, and to get closer to final customers in emerging markets. This chapter analyses the impacts of this global re-structuring process...

Scant discussion exists in the literature about the relative design merits of various R&D schemes and most authors treat program design as a black box. In this paper, we assess the design features of three major forms of R&D support: entitlement schemes, competitive schemes and industry R&D...

One important concern for the upcoming and highly-complex voluntary incentive auctions for broadcast television spectrum is the degree to which the largest mobile wireless providers will be allowed to participate. Recently, the U.S. Department of Justice encouraged the Federal Communications...

The Federal Trade Commission (FTC) has recently proposed a 'Do Not Track' mechanism in response to the fervent call for protecting consumer's privacy online. We argue that restricting information collection is a misplaced focus in addressing Internet privacy, and develop a mechanism that helps...

The process of economic reforms launched in 1978, and gradually extended until current days, has catapulted China into a stellar growth trajectory that has proven highly resilient. In this paper, we estimate the effect on economic development of China's industrial policy, in particular, the...

The FCC Procedural Reform for Openness and Clarity Encouraging Sensible Solutions Act (FCC PROCESS Act) is a commendable effort to improve decision making at the Commission, and upon analysis it is evident the proposed reforms would do much in improving both transparency and timeliness in the...